04.02.2024 22:27 Uhr, Quelle: Engadget

Indie labels say Apple Music’s spatial audio royalties only ‘benefit the biggest player’

Apple’s new plan to give a higher cut of royalties to artists who offer spatial audio has pissed off some indie labels, who argue it will take potential earnings away from them in favor of companies with more resources at their disposal, according to a report from the Financial Times. Apple last month started offering 10 percent higher royalties to artists who release spatial audio tracks on Apple Music. But, this comes out of the same fixed pool of money also used to pay artists who do not offer the format. Spatial audio is produced using Dolby Atmos technology and, according to executives who spoke with FT, costs roughly $1,000 more per song. A whole album would cost about 10 times as much — now multiply that to account for the hundreds or thousands of albums a label may have in its back catalog. The Financial Times spoke with executives from Beggars Group, Secretly and Partisan Records, which house labels representing artists including Vampire Weekend, Phoebe Bridgers and others. One executive

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